FutureFuel (NYSE:FF) Upgraded to Buy by StockNews.com

StockNews.com upgraded shares of FutureFuel (NYSE:FF) from a hold rating to a buy rating in a research note published on Monday morning.

Separately, HC Wainwright lifted their price target on shares of FutureFuel from $0.70 to $0.80 and gave the company a buy rating in a research note on Tuesday, May 14th.

FutureFuel Stock Down 0.7 %

Shares of NYSE:FF opened at $5.50 on Monday. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36. The company has a market cap of $240.70 million, a price-to-earnings ratio of 12.04 and a beta of 0.63. The business has a 50 day moving average price of $5.01 and a 200 day moving average price of $5.64.

FutureFuel (NYSE:FF) last announced its quarterly earnings results on Friday, May 10th. The energy company reported $0.10 EPS for the quarter. The firm had revenue of $58.28 million during the quarter. FutureFuel had a net margin of 5.86% and a return on equity of 7.46%.

Insider Transactions at FutureFuel

In related news, Director Ronald J. Kruszewski bought 50,358 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were purchased at an average price of $4.60 per share, with a total value of $231,646.80. Following the completion of the purchase, the director now owns 100,000 shares in the company, valued at approximately $460,000. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other FutureFuel news, Director Ronald J. Kruszewski acquired 50,358 shares of the stock in a transaction dated Thursday, June 13th. The stock was purchased at an average cost of $4.60 per share, with a total value of $231,646.80. Following the transaction, the director now owns 100,000 shares in the company, valued at approximately $460,000. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Ronald J. Kruszewski bought 8,544 shares of the stock in a transaction on Tuesday, June 11th. The stock was acquired at an average price of $4.50 per share, with a total value of $38,448.00. Following the completion of the acquisition, the director now owns 8,544 shares of the company’s stock, valued at approximately $38,448. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 95,302 shares of company stock valued at $429,149. 40.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FF. Dynamic Technology Lab Private Ltd bought a new stake in shares of FutureFuel during the 4th quarter worth $315,000. Trexquant Investment LP raised its holdings in FutureFuel by 126.4% during the 4th quarter. Trexquant Investment LP now owns 64,381 shares of the energy company’s stock valued at $391,000 after acquiring an additional 35,944 shares during the period. Aigen Investment Management LP purchased a new position in shares of FutureFuel in the fourth quarter valued at $173,000. Penn Mutual Asset Management LLC raised its stake in shares of FutureFuel by 3.0% during the 4th quarter. Penn Mutual Asset Management LLC now owns 650,493 shares of the energy company’s stock valued at $3,955,000 after purchasing an additional 18,799 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in FutureFuel by 821.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after purchasing an additional 5,375 shares in the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.